Bitcoin and ether hit two-month lows during Sunday’s crypto sell-off; BTC then rebounded above $75,000.
Reuters’ 22:15 UTC Nov. 8 report put BTC at $73,708 and ETH at $2,223, both their lowest since August. CoinDesk’s 03:21 UTC Nov. 9 update reported BTC near $73,761 before the bounce and ETH below $2,100. It cited CoinGlass for more than $1B in 24-hour crypto liquidations, including $913M in longs. These are source-reported snapshots; venues and timing differ.
Reuters linked the move to post-election regulatory worries, while CoinDesk highlighted Nvidia and U.S.–Iran headlines. The reports point to several risk factors, not one proven cause—and a rebound alone does not confirm a durable bottom. Will spot demand follow through?
Sources:
Reuters: https://www.reuters.com/business/cryptocurrencies-slide-two-month-lows-after-us-midterms-2026-11-08/
CoinDesk: https://www.coindesk.com/markets/2026/11/09/bitcoin-drops-then-pops-as-nvidia-cheating-scandal-and-failed-iran-talks-trigger-volatility
Conclusion: $BTC — Binance Spot chart: https://www.binance.com/en/trade/BTC_USDT?type=spot
$ETH — Binance Spot chart: https://www.binance.com/en/trade/ETH_USDT?type=spot
Check the chart for yourself, do your own research, and trade responsibly.
#Bitcoin #Ethereum #CryptoMarkets #MarketVolatility
Reuters’ 22:15 UTC Nov. 8 report put BTC at $73,708 and ETH at $2,223, both their lowest since August. CoinDesk’s 03:21 UTC Nov. 9 update reported BTC near $73,761 before the bounce and ETH below $2,100. It cited CoinGlass for more than $1B in 24-hour crypto liquidations, including $913M in longs. These are source-reported snapshots; venues and timing differ.
Reuters linked the move to post-election regulatory worries, while CoinDesk highlighted Nvidia and U.S.–Iran headlines. The reports point to several risk factors, not one proven cause—and a rebound alone does not confirm a durable bottom. Will spot demand follow through?
Sources:
Reuters: https://www.reuters.com/business/cryptocurrencies-slide-two-month-lows-after-us-midterms-2026-11-08/
CoinDesk: https://www.coindesk.com/markets/2026/11/09/bitcoin-drops-then-pops-as-nvidia-cheating-scandal-and-failed-iran-talks-trigger-volatility
Conclusion: $BTC — Binance Spot chart: https://www.binance.com/en/trade/BTC_USDT?type=spot
$ETH — Binance Spot chart: https://www.binance.com/en/trade/ETH_USDT?type=spot
Check the chart for yourself, do your own research, and trade responsibly.
#Bitcoin #Ethereum #CryptoMarkets #MarketVolatility
